Where is the money? Curious to the highest paying areas in Finance
I am just curious on what's out there to see what you guys think when it comes to salary and earnings in the finance field. I am not planning my career based on these responses, I have already picked a specilization I am interested in so FYI this has no bearings on my decisions.
So far here is what I think:
Point 1: Salary vs. Commisions, salary only goes up so much, but bonus and commision is where you make the real money.
Analysts of any kind working in PE,HF,IB or any other organization can make from 50k to 300k depending on certs, experience etc.
Portfolio Managers working at a fund can make 500k to 1.5 mill
What kind of positions can a person make 4-5 mill a year?
I was looking into brokerage houses that deal with commercial real-estate, and the deals are huge. If you're working at a PE shop and you start going with the MD's and start closing deals I can see you making a nice cut.
So my question is what kind of positions and area's of finance do people get into where making in the millions is a realistic possibility. Not saying that its easy to get to.